BAE, Kojima Ventures and Services Group of America were among the investors in the radar imaging technology developer’s series D round, reportedly valuing it at above $1bn.

Finland-based synthetic-aperture radar (SAR) developer ICeye secured $136m in series D funding yesterday from investors including corporates BAE Systems, Kojima Corporation and Services Group of America (SGA).

Space technology-focused investment firm Seraphim Space led the round, which included the UK government’s National Security Strategic Investment Fund and the European Commission-sponsored European Investment Fund’s InnovFin For Equity scheme.

Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione, Space Capital and Promus Ventures filled out the participants. Defence systems producer BAE and…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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